In October 2023, the province of British Columbia introduced new legislation to regulate short-term rentals, including increasing fines and eliminating "professional" STRs in cities of over 10,000 people. The new regulations will have an impact on Sechelt, BC where short-term rentals will be limited to a single space in a primary residence. The legislation aims to address the housing shortage by encouraging more long-term rentals and potentially increasing housing inventory. The changes will have implications for the local Sunshine Coast real estate market, with some property owners needing to decide whether to rent long-term or sell their properties.
Realtor Tony Browton - Personal Real Estate Corporation
604-418-2695
https://www.TeamTrueBlue.ca
RE/MAX City Realty (Gibsons)
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